Alibaba’s cloud service said on Monday it suffered a nearly two-hour outage that affected customers in mainland China, Hong Kong and the United States, the second outage in a month. The impact was mainly felt in several Alibaba Cloud database management products, including versions of PostgreSQL, Redis, and MySQL. Beijing, Shanghai, Hong Kong and Virginia in the United States were among the eight regions. “At 9:16 a.m. Beijing time (0116 GMT) on November 27, 2023, Alibaba Cloud monitoring detected anomalies in the console and OpenAPI access of database products,” Alibaba…

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Alibaba Quantum Computing Lab, based in Hangzhou, China, has been closed down as part of the company’s efforts to improve its financial performance. In a statement on Monday, an Alibaba spokesperson revealed that the company will be donating its equipment to Zhejiang University. The closure of the lab will unfortunately lead to the loss of approximately 30 employees. However, Alibaba may assist some of these individuals in finding positions within the same university, according to an anonymous source familiar with the situation. The Chinese e-commerce leader is in the midst…

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China’s consumption outlook can be easily observed by examining the largest livestreamer in the country. Li Jiaqi, known as the “lipstick king” for his ability to sell cosmetics, recorded sales of 9.5 billion yuan ($1.3 billion) on Oct. 24, the first day of the annual Singles’ Day shopping festival, which ended on Saturday. A report by the Southern Metropolis Daily, which did not say where it got the information. That’s down from 21.5 billion yuan on the first day last year, it said. Separately, Caixin said sales of Li’s beauty…

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